North Macedonia Foreign Exchange Reserves

Total reserves including gold, current US dollars.

Foreign Exchange Reserves in North Macedonia increased to 5.80 USD billion in 2025 from 5.25 USD billion in 2024.

$5.8B
▲ +0.62025 · previous $5.3BAnnual · US$ billion · Source: World Bank — World Development Indicators

North Macedonia Foreign Exchange Reserves — History

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North Macedonia Foreign Exchange Reserves — analysis in simple words

Latest reading

Foreign Exchange Reserves in North Macedonia increased to 5.80 USD billion in 2025 from 5.25 USD billion in 2024.

It has risen in each of the last three years.

Recent trend

A year earlier (2024) it was $5.3B, so the latest figure is $0.6B higher.

Over the past five years the average was $4.9B, with a range from $4.1B to $5.8B. The latest value is above that five-year average.

Historical context

This data series starts in 1993 and has 33 annual observations. The latest reading is higher than 97% of all of them.

The highest value on record is $5.8B (2025) and the lowest is $0.1B (1993). The long-run average is $2.2B.

Compared with other countries

Among 174 economies with recent data, North Macedonia ranks 99th from the top. The median across all these economies is $8.6B, so North Macedonia is below the typical country.

Within Europe & Central Asia (49 economies with data) it ranks 39th; the regional median is $24.0B.

Statistics

Latest
$5.8B2025
Previous
$5.3B
5-year average
$4.9B
Long-run average
$2.2Bsince 1993
All-time high
$5.8B2025
All-time low
$0.1B1993
Observations
33Annual

Recent Data

PeriodValueChange
2025$5.8B▲ +0.6
2024$5.3B▲ +0.2
2023$5.0B▲ +0.9
2022$4.1B▼ −0.0
2021$4.1B▲ +0.0
2020$4.1B▲ +0.5
2019$3.7B▲ +0.4
2018$3.3B▲ +0.5
2017$2.8B▲ +0.0
2016$2.8B▲ +0.3
2015$2.5B▼ −0.5
2014$3.0B▲ +0.2
2013$2.7B▼ −0.1
2012$2.9B▲ +0.2
2011$2.7B▲ +0.4
2010$2.3B▼ −0.0
2009$2.3B▲ +0.2
2008$2.1B▼ −0.2
2007$2.3B▲ +0.4
2006$1.9B▲ +0.5
2005$1.3B▲ +0.3
2004$1.0B▲ +0.1
2003$0.9B▲ +0.1
2002$0.8B▼ −0.0
2001$0.8B▲ +0.3
2000$0.5B▲ +0.0
1999$0.5B▲ +0.1
1998$0.3B▲ +0.1
1997$0.3B▲ +0.0
1996$0.3B

Foreign Exchange Reserves — North Macedonia vs Peers

Latest available reading for each economy (periods may differ). North Macedonia highlighted.

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More North Macedonia indicators

Understanding Foreign Exchange Reserves — a simple guide

What it measures

Total reserves including gold held by the central bank, in current US dollars.

How it is calculated

Foreign currency, gold, IMF reserve position and SDRs held by the central bank, in US dollars.

Simple example

Reserves of $700 billion can pay for many months of imports.

▲ When it is high or rising

Large reserves give a cushion against currency shocks.

▼ When it is low or falling

Low reserves leave less room to handle sudden outflows.

Why it matters for the economy and markets

Reserves act as a buffer to defend the currency and pay for imports during external shocks.

How to read it

A common yardstick is months of import cover; 3 months or more is often considered adequate.

Data source

World Bank — World Development Indicators (series FI.RES.TOTL.CD), annual data from 1993 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current foreign exchange reserves of North Macedonia?
North Macedonia foreign exchange reserves was $5.8B in 2025, compared with $5.3B in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest foreign exchange reserves of North Macedonia?
Since 1993, the highest reading was $5.8B (2025) and the lowest was $0.1B (1993).
What does foreign exchange reserves measure?
Total reserves including gold held by the central bank, in current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.